24.07.2013

The Basics of Employee Benefits

Stephen Sutherland, Social Circle Conference & Event Planner

The Basics of Employee Benefits



When you have great employees how do you go about preventing them from jumping ship?

A proven method is by offering a good benefits package:

Offer the right benefit, and your business may just jump-start its growth.
"Give employees the benefits they value, and they'll be more satisfied, miss fewer workdays, be less likely to quit, and have higher commitment to meeting the company's goals," says Joe Lineberry, a senior vice president at Aon Consulting,
a human resources consulting firm. "The research shows that when employees feel their benefits needs are satisfied, they're more productive."

Benefit Basics

The law requires employers to provide employees with certain benefits.

In reality, however, most companies offer some or all of these benefits to stay competitive.

Expensive Errors

Providing benefits that meet employee needs and mesh with all the laws isn't cheap and that makes it crucial to get the most from these investments. But this is exactly
where many small businesses fall short because often their approach to benefits is riddled with costly errors that can get them in financial trouble with their insurers or even with their own employees.

Innovative companies are recognising the contribution a tailored Employee Benefits Program can make to their Employment Value Proposition. But what exactly is an Employee Benefits Program?
Employee Benefits Programs are a tool to achieve cultural change within the workplace. They provide employees with benefits that enhance their lifestyle and wellbeing.
An effective employee benefits program will include an extensive selection of benefits that provides employees with an increase in their disposable income, 'perks' or preferential treatment and freed up leisure time.

At Social Circle we provide employee benefits packages at minimal cost to the employer.

Our schemes slot into place easily and we believe in a hands-off approach for you as an employer because we do all the work for you and provide your staff with a tailor-made social calender full
off holidays, social, fitness and business events - we provide over 100 events free monthly!

For more information visit us here: http://www.social-circle.co.uk/corporate-membership.asp

 

Stephen Sutherland Social Circle Conference & Event Planner

Social Circle is the PREMIER Manchester social and activity company for both individuals who are professional Manchester people and Manchester businesses who want a staff benefits scheme which is…

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